Friday, 25 July 2014
Last updated 16 hours ago
Aug 23 2007 | 1:23am ET
Thames River Capital enjoyed an impressive fiscal year, with profits at the firm rising 23% in the year ended in March. Reuters reports the firm told regulators its pre-tax profit was £30 million (US$59.5 million), up from the previous year’s £24.4 million (US$48.5 million).
The London-based hedge fund manages in excess of US$10 billion. According to the filing, Thames River’s turnover rose 24% to £57.3 million, and it paid out 34.4% more in bonuses and incentives than the year-earlier period.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…